Part of the problem with options in penny stocks is people think “oooooo leverage i’m going to get rich” buying far more options than they have the ability to convert regardless. They just pour their money in there as opposed to fully paid shares and holding actual equity in the company because they can buy 5/10 times more. Very little volume in options with 65,000,000 on issue and would need some really big volume days to clean those out if there’s a market for it.
Ann: Techknow Conference Presentation, page-77
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Last
10.5¢ |
Change
0.008(8.25%) |
Mkt cap ! $94.66M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 11.0¢ | 9.8¢ | $360.4K | 3.457M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 248759 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1000 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PER (ASX) Chart |